In an effort to push through his totalitarian care bill, Obama
promised the sky. One such promise was that he would give
federal authorities the power to block unreasonable rate hikes.
Just like the promise to put negotiations on C-SPAN, the promise
to check rate hikes evaporated.
“It was a bold response to skyrocketing health insurance
premiums. President Barack Obama would give federal authorities
the power to block unreasonable rate hikes,” reports the
Associated Press. “Yet when Democrats unveiled the final,
incarnation of their health care bill this week, the proposal
was nowhere to be found.”

Former Democratic National Committee Chairman Howard Dean says
Obamacare was written by Insurance corporations.

Makes sense, considering the fact Obama’s health care “reform”
was crafted at the behest of large insurance corporations. “This
is a very good bill for insurance companies and pharmaceutical
companies,” said Rep. Stephen Lynch, a Democrat, on Thursday.
“The insurers still rule,” Lynch added. “Were just pumping
subsidies into the current system, but that won’t drive down
costs.”

In December, Howard Dean, the former Democratic National
Committee Chairman, said the legislation before Congress “is a
bigger bailout for the insurance industry than AIG.” Dean
characterized it as “an insurance company’s dream.”

Before boarding Air Force One earlier in the week, one-time
maverick congressman Dennis Kucinich characterized the bill as
“a bailout for insurance companies.” Prior to subjecting himself
to Obama’s voodoo — or threats, nobody knows really — Kucinich
said Obamacare was designed for Wall Street banksters.

Rep. Dennis Kucinich told the truth about Obamacare in October
before he sold his principles down the river.

“Maybe what we’re looking at here is another way that Wall
Street’s speculative engine can be fueled, this time with the
help of the premiums of tens of millions of Americans,” he said.

“There is no government of the people, for the people, by the
people, only the rule of private interests,” writes Paul Craig
Roberts. “The Wall Street investment banks, which created with
the compliance of the regulatory authorities and the credit
rating agencies, ‘toxic’ instruments that were sold world wide,
thus destroying the prospects of people in many countries, are
devoid of integrity and honor. Their only god is greed. And they
control the US government, which is too dependent on campaign
contributions to restore regulation.”

Roberts warns this predatory activity will continue with
Obamacare.
Obama likes to fly around the country and say he will sock it to
the insurance companies, but this is simply empty rhetoric.
Obamacare will enrich and expand the power of large insurance
corporations. “If a government healthcare plan materializes, it
might actually generate more work for insurance companies. A new
government program would probably subcontract much of its
administrative work to existing insurance companies — which is
what Medicare does,” writes Rick Newman for U.S. News & World
Report.

Do insurance companies hate Obamacare as Democrats insist? Not
at all. This bill is almost identical to the plan written by
AHIP, the insurance company trade association, in 2009. The
original Senate Finance Committee bill was authored by a former
Wellpoint VP. Since Congress released the first of its health
care bills on October 30, 2009, health care stocks have risen
28.35%.

In addition to increasing the power of insurance companies, the
“socialization” of health care will provide a boost to the Wall
Street casino, otherwise known as the stock market, Newman
argues.

Discount the fallacious rhetoric of Obama and the Democrats.
Obamacare is about profit for large corporations, not the health
of the American people.
Back in the 1980s, HMOs were billed as non-profits designed to
provide less expensive care. It was all smoke and mirrors.

“Ten percent of all HMO members are in Aetna’s U.S. Healthcare
HMO alone,” writes Jeremy Brecher. “They have been joined by
chains of for-profit hospitals like HCA Healthgroup, which owned
300 hospitals by 2001. The stock of these corporations is avidly
traded on Wall Street. Their success is measured not by the
health of their members, but by the profits they can provide to
their investors.”
Howard Dean and Dennis Kucinich told the truth about corporate
and Wall Street dominated health care because they want a
government-run socialized health care system that excludes large
for-profit corporations.

Obamacare also aids the banksters in their plan to bankrupt the
United States and turn it into yet another third world cesspool
mired in staggering debt. “Look for an even tenser decade ahead,
made tenser still by any added costs of Barack Obama’s vast new
social welfare program,” writes the neocon David Frum.

Frum is right, of course — and a hypocrite. His former boss,
George Bush the Lesser, was led around by the nose by a gaggle
of warmongering neocon ideologues. He cranked up the national
debt by more than $4 trillion. In addition to funding social
programs like Medicare and Social Security Republicans claim to
hate — but continue to fund — a lot of the money went to funding
military expansion and wars against manufactured enemies.

Democrats, Republicans, neocons, neolibs — they all work for the
bankers. All the highfalutin rhetoric they continually espouse
is nothing more than hot air on the road to serfdom.